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Fayette city: Homeownership Rate Trend

How Fayette city's homeownership rate changed from 2017 to 2023, based on U.S. Census Bureau ACS 5-Year Estimates. The 2019 vintage reflects the pre-COVID peak; 2021 captures the immediate COVID-era disruption; 2022–2023 show the recovery.

2017
54.0%
2023
60.9%
Total change
+6.9 pp
% change
+12.8%
Year Homeownership Rate Change
2017 54.0%
2019 55.0% +1.0 pp (1.9%)
2020 51.0% -4.0 pp (-7.3%)
2021 52.3% +1.3 pp (2.5%)
2022 50.8% -1.5 pp (-2.9%)
2023 60.9% +10.1 pp (19.9%)

Other Fayette city Trends